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Free educational tool · Investing

Real-Estate Sale Engine

Identify the tax components and records that should be reviewed before closing.

Tax year 2026 · Last reviewed 2026-07-29 · Inputs stay in your browser

Investing · Educational Decision Engine

Real-Estate Sale Engine

Estimate adjusted basis, realized gain, a potential main-home exclusion, depreciation exposure, and directional tax using entered rates. This does not value property or recommend a sale or exchange.

Mixed and converted use require period-by-period records.
The maximum home-sale exclusion differs for qualifying joint returns.
Before selling expenses and debt payoff.
Basis can differ for gifts, inheritances, exchanges, and converted property.
Repairs are not automatically basis additions.
Use transaction-specific commissions and eligible closing costs.
Include business or rental depreciation, even if not claimed, when applicable.
For the $500,000 joint ceiling, at least one spouse generally must satisfy the 24-month ownership test.
Enter zero for a nonjoint return. Title, community-property, and transferred-property rules may require review.
Use need not always be continuous.
Both spouses generally must satisfy the use test for the $500,000 joint ceiling.
Choose “Not established” if records or dates are incomplete.
For a nonjoint return choose “No”; for a joint return this must be established separately.
Enter the rate for scenario comparison; actual bands depend on total income.
Unrecaptured Section 1250 gain can be taxed at up to 25%; character varies.
State conformity and sourcing vary.

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